Iraq Gold Prices Turn Positive

On Thursday, July 30, 2026, gold prices in Iraq experienced an increase across all denominations compared to the previous day, influenced by rising global gold prices following statements from the Federal Reserve regarding measures to combat inflation. The price per gram of 24-karat gold was approximately 170,473 Iraqi Dinars ($130), while 22-karat was 156,267 Dinars (about $119), 21-karat reached 149,164 Dinars (around $114), and 18-karat was 127,855 Dinars (roughly $98). The price of an ounce of gold stood at 5,302,304 Dinars (about $4,048), and a one-kilogram bar reached 171,666,754 Dinars (approximately $131,043). Global price fluctuations continue to impact the local market, as gold futures rose by 1.1%, with markets awaiting the Federal Reserve's decision on interest rate hikes in September.

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